Restaurant, Coffee Shop & Pub Franchise opportunities to start in Margate
Why should you invest in Margate?
You could start your own business by becoming a franchisee in Margate. There are a number of possibilities to choose from in Thanet, located in the South East of England. Have a look at our selection of brands and start managing your own business with a team behind you. There are a number of new business investment opportunities available based on your budget and career objectives. Have a look to find the brand that appeals to you most.
A recent census found that 142,000 people live in Thanet. The majority of the population falls within the 60+ age group. The area has a 3.8% unemployment rate, which is in line with the national average of 4%. Overall, the region's economically active population consists of 60,400 people or 74.3% of the total population. Across the UK, the average gross income is just over £30,500. In the Thanet area, it amounts to £24,959.
Running a Restaurant franchise business
Across the United Kingdom, there are 88 franchises in the Restaurant industry. You will find 14 Takeaway franchises, three Pub & Bar franchises, four Pizza franchises, five Sandwich franchises and 11 Fast Food franchises offering the opportunity to invest. Check out our available brands to find a potential match. In the Thanet area, the Hospitality and Food Services industry provides employment for 4,000 people.
Eager to know more? Here are three franchise business examples
Bella Italia is a competitive business operating in the Restaurant sector. A total of £700,000, a significant initial investment, is required to open a Bella Italia franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £350,000 of the total investment should come from your personal funds. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a large premises to operate this business. By investing in this established brand, you could be eligible for financial aid.
Take a look at Veeno, another attractive Restaurant franchise. By joining its current eight franchisees, you would become a part of a growing brand network. Starting a Veeno business requires an initial investment of £80,000. At least £35,000 should come from your own personal investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a large premises to operate this business. Also, if you can't cover the startup costs alone, you may be entitled to financial assistance.
Lastly, Esquires Coffee is another interesting franchising opportunity if you plan to invest in the Restaurant sector. Launched in 2000, the brand has acquired valuable experience and expertise over the past 20 years. The brand has a well-established network and good exposure, operating in 103 franchise locations. Starting an Esquires Coffee franchise will require you to invest a minimum of £225,000. At least £85,000 of this should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. An investment in this franchise entitles you to financial aid, if eligible. Visit our website for more information.
If you would like to check out more franchising options in the Restaurant sector, we currently have 88 available opportunities. Point Franchise has almost 250 franchising opportunities across a wide range of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.